The Most Affordable Neighborhoods in Terrebonne Parish, LA by Home Value

 

Terrebonne Parish, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Terrebonne Parish area can be challenging. Home prices in Terrebonne Parish are now at a median cost of $168,568, lower than the Louisiana average of $194,522.

The average cost of rent is $839/mo in Terrebonne Parish, primarily driven by the current value of real estate in the Terrebonne Parish area. While nearly 51.99% of residents own their homes outright in Terrebonne Parish, 23.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Terrebonne Parish is $5,384 per month. Households that rent pay about 15.59% of their income on rent here. Terrebonne Parish's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the county.


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